The stock market rallied on Monday out of the 8 TD low on Friday. The 8 TD low is acting more like a 4 TD low.
The stock market rallied on Monday out of the 8 TD low on Friday. The 8 TD low is acting more like a 4 TD low. The dominant has once again become sub-dominant. The market looks as though it wants to curl over this week into Thursday. Downside possibilities are the low to mid-2130’s to as low as the 2102/07 area SPX .
(Click on image to enlarge)
(Click on image to enlarge)
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